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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Bernie Weinsaft who wrote (9757)3/21/1997 5:04:00 AM
From: Jonathan Ng   of 42771
 
NETSCAPE AND NOVELL ANNOUNCE STRATEGIC AGREEMENT TO DELIVER INTRANET SOLUTIONS

NEW COMPANY - NOVONYX - TO DELIVER NETSCAPE SUITESPOT
SERVER SOFTWARE ON NOVELL INTRANETWARE PLATFORM

MOUNTAIN VIEW, Calif. (March 21, 1997) -- Netscape Communications Corporation (NASDAQ:
NSCP) and Novell, Inc. (NASDAQ: NOVL) today announced that they have signed a strategic agreement
to deliver a broad range of Intranet and Extranet solutions on current and future Novell platforms. The
companies plan to form a privately-held new company based in Utah, to be called Novonyx, that will adapt,
integrate and sell the Netscape SuiteSpot family of server software on the Novell IntranetWare networking
platform. Novell and Netscape will collaborate to integrate their products and networking services for
networked enterprise customers building Intranet and Extranet applications. Novell and Netscape plan to
form the new company subject to government review.

The agreement combines the number one server platform in the world with Netscape SuiteSpot's technology
leadership. Today, Novell has the largest installed base of network servers in the world with more than four
million servers running the Novell network operating system and serving information to more than 60 million
users. Netscape's proven Internet technology leadership has captured significant industry momentum, an
installed based of 50 million copies of Netscape software and a host of top industry awards.

"This agreement is about providing our customers with freedom of choice and more Intranet solutions," said
Joseph A. Marengi, Novell president and chief operating officer. "Novell and Netscape share a vision of
providing integrated, open standards-based intranetworking software to enterprise customers. Working
together through Novonyx, we plan to combine Novell's commanding marketshare and premier
directory-enabled networking platform with Netscape's Intranet server software."

"Novell is the number one provider of networking software in corporations today and ships more copies of
server operating system software than Windows NT or UNIX - that's a huge untapped market for
Netscape," said Jim Barksdale, president and chief executive officer of Netscape. "Together, Novell and
Netscape plan to pursue this fantastic market opportunity through Novonyx, and are working today to make
Netscape's Intranet and Extranet solutions available to customers running Novell IntranetWare."

Netscape and Novell will provide capital for the new company and, through Novonyx, work together to
adapt and integrate Netscape server software for IntranetWare. Netscape is providing a source code license
for Netscape SuiteSpot and Netscape FastTrack Server software. This agreement provides a framework for
the companies to jointly promote their products and services. To that end, Novonyx will leverage Netscape's
and Novell's extensive distribution channels and infrastructure including Novell's more than 30,000 value
added resellers (VARs), 1,450 Novell Authorized Education Centers and partners and 200,000 certified
professionals, as well as Netscape's installed based and popular Internet site which now receives more than
125 million hits per day.

IntranetWare is Novell's comprehensive platform for a modern, full-service Intranet. IntranetWare is a
complete Intranet platform that is built on Novell's industry-leading NetWare 4 and offers full TCP/IP
support, directory, web publishing, network security, connectivity, enterprise management, file and print
services to business networks around the world. IntranetWare is part of Novell's networking product suite
that includes GroupWise messaging and groupware, ManageWise enterprise management and Novell
Directory Services.

Netscape SuiteSpot is an integrated server software suite for open email, publishing and groupware on
Intranets. Netscape SuiteSpot includes ten products: Netscape Messaging Server, Netscape Collabra
Server, Netscape Enterprise Server, Netscape Proxy Server, Netscape Calendar Server, Netscape Media
Server, Netscape Directory Server, Netscape Certificate Server, Netscape Catalog Server and LiveWire
Pro development environment. The open architecture and native support for Internet standards in Netscape
SuiteSpot enables Netscape solutions to interoperate with a broad range of proprietary and Internet-based
products from other vendors. Netscape FastTrack Server is Netscape's low cost, high performance Web
server software. Netscape FastTrack Server delivers many of the powerful features of Netscape Enterprise
Server - including support for Java and JavaScript - in a downloadable easy-to-setup-and-use package.

Netscape Enterprise Server and Netscape FastTrack Server for IntranetWare are the first products
expected on the IntranetWare platform with availability planned for the Fall of 1997. The companies will
demonstrate the current beta version of Netscape Enterprise Server 3.0 running on IntranetWare and
integrated with Novell Directory Services (NDS) at Novell's BrainShare conference next week in Salt Lake
City, Utah.

Netscape Communications Corporation is a premier provider of open software for linking people and
information over enterprise networks and the Internet. The company offers a full line of clients, servers,
development tools and commercial applications to create a complete platform for next-generation, live online
applications. Traded on NASDAQ under the symbol "NSCP," Netscape Communications Corporation is
based in Mountain View, California.

Founded in 1983, Novell (NASDAQ: NOVL) is the world's leading provider of network software. The
company offers a wide range of network solutions for distributed network, Internet/Intranet and
small-business markets, as well as groupware and management solutions and the network computing
industry's most comprehensive education and technical support programs. Information about Novell and its
complete range of products and services can be accessed on the World Wide Web at
novell.com.

Additional information on Novonyx is available on the Internet at novonyx.com or by calling
1-888/NOVONYX. Additional information on Netscape Communications Corporation is available on the
Internet at home.netscape.com, by sending email to moreinfo@netscape.com, or by calling
415/937-2555 (corporate customers) or 415/937-3777 (individuals). For additional information on Novell,
customers can call 1-800/NET-WARE or go to Novell's home page on the Internet at
novell.com.

Novell and Netscape are conducting a press teleconference on Friday, March 21 at 9:00 a.m. PST about
this new strategic agreement. Joe Marengi, president and COO of Novell, and Jim Barksdale, president and
CEO of Netscape, will be available for comment on the call. To access the teleconference, please call
1-800/946-0741 and provide the confirmation number 322-694, plus your name and publication.

Novell and NetWare are registered trademarks and IntranetWare is a trademark of Novell. Netscape is a trademark of
Netscape Communications Corporation, which is registered in the United States and other jurisdictions. The Netscape
Communications Corporation logo and Netscape branded products are also trademarks of Netscape Communications
Corporation, which may be registered in some jurisdictions. All other registered trademarks and trademarks are the property
of their respective holders.
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